11 Mar 2013 19:12

Russian Eurobonds up on favorable external situation

MOSCOW. March 11 (Interfax) - Russian Eurobonds gained in a favorable external environment while US Treasuries drifted on Monday.

Russia's benchmark 2030 bond was up 34 basis points from Friday's closing at 5.33 p.m. Moscow time to 123.57%, yielding 3.14% p.a. (3.20% at the same time Friday).

Ten-year US Treasuries were unchanged at 99.59%, yielding 2.04% p.a. (2.04% p.a. at the same time on Friday).

Spread in yield between these and UST10 narrowed 6 bp to 110 bp.